Prompt! The main target groups of the express ecosystem: (investors, private equity funds, brokerage institutions, local government decision-makers, express regulatory departments, express operators, media practitioners, express upstream and downstream operators, franchise network owners, express logistics practitioners with an annual salary of more than 300,000 yuan)
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| Express Ecosystem Investment Group
On May 14, Alibaba-SW(09988.HK)/(BABA. US) announced results for the quarter ended March 31, 2024 and for the fiscal year 2024 (April 1, 2023 to March 31, 2024).
Alibaba Group's revenue in the fourth quarter of fiscal 2024 (the first quarter of 2024, hereinafter referred to as the "first quarter of 2024") was 221.874 billion yuan, a year-on-year increase of 7%; Adjusted EBITA was $23.969 billion, down 5% year-over-year. In fiscal 2024, Alibaba Group's revenue reached RMB941.168 billion, and its adjusted EBITA increased 12% year-over-year to RMB165.028 billion.
(BABA. US) fell by nearly 5% after it reported fiscal Q4 adjusted earnings of 10.14 renminbi ($1.40) per diluted American depositary share, down from 10.71 renminbi a year earlier。
After the release of the earnings report, the U.S. stock market opened, and as of press time, Alibaba (BABA.US) fell more than 8%.
According to Alibaba's financial report data, from January to March 2024, Cainiao's adjusted EBITA loss was 1.34 billion yuan, compared with a loss of 319 million yuan in the same period last year.
Judging from the situation of rookies, how many angles do you need to pay attention to in 2024, and the annual revenue will exceed 100 billion? What is the new direction of the company after the termination of the IPO? Cainiao Express's performance after the "first anniversary"? What is the scale of rookie internationalization? Remodeling of domestic business? Related-party transactions with Shentong Express? The prospect of Cainiao Station?
Earlier, Alibaba's Taotian Group announced that in order to reduce the operating costs of merchants during the 618 Shopping Festival, Taobao issued nearly 330 million yuan (the same below) Cainiao Wrap Shipping Subsidy Package, and merchants can get up to 1,000 yuan.
In addition, the Tmall 618 Shopping Festival canceled the pre-sale link and changed to the first round of sales at 8 pm next Monday (20th).
Alibaba said Cainiao withdrew its initial public offering on the Hong Kong Stock Exchange to adjust Cainiao's business and better achieve strategic synergies with our business. The move allows Cainiao to work more closely with AliExpress to strengthen its integrated end-to-end cross-border logistics capabilities. During the quarter, Cainiao added four new countries to its coverage of priority products (e.g., 5-10 day delivery), for a total of 14 countries.
Cainiao's adjusted EBITA for the three months ended March 31, 2024 was a loss of RMB1,342 million (US$186 million), compared to a loss of RMB319 million for the same period in 2023, primarily due to the withdrawal of retention incentives granted to Cainiao employees in its initial public offering.
Alibaba's financial report data shows that the latest number of employees, as of March 31, 2024, the total number of employees was 204,891, and as of December 31, 2023, it was 219,260, a decrease of 14,369.
May 2024 Cainiao Board of Directors
Member of the Board of Directors for September 2023
SoftBank: Liquidation of Alibaba shares
On May 13, SoftBank Group said it had sold almost all of its stake in Alibaba Group as the company focused on investing in artificial intelligence (AI). During the earnings call, Yoshimitsu Goto, SoftBank's CFO, reiterated that SoftBank's portfolio focus has shifted from Chinese e-commerce giant Alibaba to British chip design company ARM.
Alibaba's share of SoftBank's net asset value fell to "almost zero" from 48% in 2020, SoftBank said. That compares to 45% for ARM and 29% for SoftBank's Vision Fund.
Alibaba AliExpress cooperates with four major logistics companies in South Korea
AliExpress, a subsidiary of Alibaba, has signed a partnership agreement with four South Korean logistics companies, CJ Logistics, Hanjin, Lotte Global Logistics and South Korea Post, to provide delivery tasks in South Korea for the next year.
AliExpress's cooperation with South Korean logistics companies aims to improve logistics efficiency and service quality to meet business growth needs.
Cainiao's IPO was terminated
On March 26, 2024, Alibaba announced that its logistics subsidiary, Cainiao Smart Logistics Network Co., Ltd., has withdrawn its initial public offering and listing application on the Hong Kong Stock Exchange. At the same time, the company bought all the outstanding shares of Cainiao held by minority shareholders at $0.62 per share, and its valuation slipped to $10.3 billion. Chairman of the Board of Directors of Alibaba Group, Joe Tsai, also said that the group will increase its investment in Cainiao, focusing on the implementation of global expansion plans and synergies with the e-commerce business.
Alibaba's earnings forecast
On May 14, the U.S. stock market announced its results for the fourth quarter of fiscal year 2024. Institutions generally expect that Alibaba will achieve revenue of 219.832 billion yuan in the latest quarter, a year-on-year increase of 5.58%; earnings per share was 5.41 yuan, a year-on-year decrease of 39.88%.
Since April, as the market confidence in China's stock market has been increasing, Hong Kong stocks and Chinese concept stocks have risen one after another, and Alibaba has rebounded nearly 10% in two months. Therefore, the financial reports of leading technology stocks including Ali may become a key influencing factor for the subsequent stock market trend, which has attracted the attention of investors.
Wu Yongming, CEO of Alibaba Group and Chairman of Taotian Group, said that Taotian Group's "user-first" strategy has paid off, and has received positive feedback from consumers on its investment in price power and user experience, and the number of buyers and purchase frequency has grown strongly in the quarter, driving strong double-digit growth in GMV, with the number of 88VIP members exceeding 35 million. In FY2025, Taotian GMV is expected to continue to grow healthily with the improvement of consumer experience. "With the gradual advancement of our product improvements and investment strategies under our 'customer first' strategy, we are confident that we will continue to earn the trust of our consumers and maintain our leading position in market share.
Express ecosystem
It has been settled on the following platforms
Snowball | Straight flush | Oriental Fortune | Futu |
Weibo | Today's headlines | Zhihu | Tencent
Tik Tok | Xiaohongshu|Kuaishou|Video number|Himalayas
Twitter|ins|YouTube|Station B
Recently, the stock market continues to fluctuate, some criminals illegally make profits, harming the legitimate rights and interests of investors, I will increase the supervision of trading behavior, enrich the means of clue screening, make overall arrangements for special verification, strengthen the "penetrating" transaction monitoring, use multi-dimensional technical means to collect market intelligence, and carry out joint research and judgment with the Ministry of Public Security, and find a number of cases suspected of manipulating the market and malicious shorting.
An illegal gang controlled more than 100 securities accounts to manipulate a certain stock, used continuous pulling, reverse trading and other methods to affect the stock price, and then waited for the opportunity to clear the stock and smash the shipment, resulting in a flash crash and continuous decline in the price of individual stocks, with a total of 2.7 billion yuan sold and an illegal profit of about 130 million yuan.
The actual controller of an investment institution manipulated the prices of more than 20 stocks by suppressing stock prices, absorbing chips at a low level, and continuously pulling up, resulting in rapid fluctuations in the prices of individual stocks, and even extreme markets such as "sky flooring" within a day, from which the transaction illegally profited 140 million yuan.
A certain lawbreaker took advantage of his capital advantage and used hundreds of millions of yuan to frequently make false declarations for many futures products on the futures exchange, creating a false impression of trading, deceiving other investors, and taking the opportunity to sell them for a profit of more than 4,000 yuan.
The China Securities Regulatory Commission (CSRC) insists on responding quickly and resolutely investigating and dealing with illegal acts that affect the stable operation of the stock market and harm the legitimate rights and interests of investors.
Manipulating the market to maliciously short-sell, seriously eroding the people's "money bags", has stood on the opposite side of all stockholders, disrupting the normal rhythm of the healthy and stable operation of the stock market. The China Securities Regulatory Commission will maintain a high-pressure posture of "zero tolerance", resolutely crack down, and let those who dare to illegally manipulate and maliciously short sellers "go bankrupt and sit in prison". In this warning, don't defy the law and take the chestnut from the fire.
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Prompt! The main target groups of the express ecosystem: (investors, private equity funds, brokerage institutions, decision-makers of local governments, express regulatory departments, express logistics operators, media practitioners, upstream and downstream operators of express logistics, owners of franchised outlets, express logistics practitioners with an annual salary of more than 300,000 yuan.
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Before buying and selling express logistics companies and upstream and downstream enterprises, take a look at the "express ecosystem" to avoid detours...